“Small business owners and retailers are feeling optimistic as we head into the holiday shopping season, and for good reason,” said Governor Charlie Baker. Download Press Release
Mass Insight Index Picks up Ground for Fifth Straight Quarter
The Mass Insight Consumer Confidence Index rose sharply in the First Quarter of 2015, with the overall score moving up nine points from 97 to 106. This represents the first time since October of 2006 that the Index has surpassed the 100-point level and is the highest rating since April 2002.
Republican Charlie Baker trails both Attorney General Coakley and Treasurer Grossman by three points in general election polling The gubernatorial race in Massachusetts has tightened in the last quarter, according… read more →
Boston-based consulting and research firm Mass Insight reported a sharp decline in consumer confidence in the third quarter of this year.
An index that seeks to measure the confidence of Bay State consumers fell sharply at the same time that national consumers grew more optimistic.
For the three-month period that ended in July, the Mass Insight Consumer Confidence Index posted a reading of 79, down 9 points from the previous quarter’s reading of 88.
Plunge In Future Expectations Fuels 9-Point Third Quarter Drop in Overall Index
William H. Guenther is chief executive of consulting firm Mass Insight Global Partnerships, which tracks consumer confidence in the state. He’s found a similar regional divide.
“I think it depends on where you sit,” he said. “There’s a good share of the population that’s doing well, and there’s other parts of the population, particularly in the outer regions in the state, where the economic picture doesn’t look the same as it does in Greater Boston.”
The geographic split is not the only one evident in the Globe poll. Economic anxiety is more pronounced on the lower end of the income scale. And those with the least education are the most pessimistic. The survey also finds Republicans and independents are more worried about the economy than Democrats.
Most state residents who partcipated in a recent survey said they would like to know what their health care costs, but many of those polled by the consulting and research firm Mass Insight were not aware of new requirements that insurers and providers reveal price information for medical procedures in advance.
Download Press Release An annual spring healthcare poll released today by Mass Insight Survey Research Group finds that Massachusetts residents are feeling less burdened by healthcare costs compared to last… read more →